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    Wedona Consultants

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    Ehtisham Ul Haq
    This document contains adjusting journal entries for Wedona energy consultants for the month of January 2011. It lists 10 adjusting entries with descriptions of expenses or revenues and their corresponding debit and credit accounts, such as depreciation expense debited for $1,000 and accumulated depreciation credited for $1,000. Other entries adjust accounts for unearned fees, rent expense, wages payable, interest payable, accounts receivable, insurance, supplies expense, and repair revenue.

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    Wedona Consultants

    Uploaded by

    Ehtisham Ul Haq
    33 views2 pages
    This document contains adjusting journal entries for Wedona energy consultants for the month of January 2011. It lists 10 adjusting entries with descriptions of expenses or revenues and their corresponding debit and credit accounts, such as depreciation expense debited for $1,000 and accumulated depreciation credited for $1,000. Other entries adjust accounts for unearned fees, rent expense, wages payable, interest payable, accounts receivable, insurance, supplies expense, and repair revenue.

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    This document contains adjusting journal entries for Wedona energy consultants for the month of January 2011. It lists 10 adjusting entries with descriptions of expenses or revenues and their corresponding debit and credit accounts, such as depreciation expense debited for $1,000 and accumulated depreciation credited for $1,000. Other entries adjust accounts for unearned fees, rent expense, wages payable, interest payable, accounts receivable, insurance, supplies expense, and repair revenue.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    33 views2 pages

    Wedona Consultants

    Uploaded by

    Ehtisham Ul Haq
    This document contains adjusting journal entries for Wedona energy consultants for the month of January 2011. It lists 10 adjusting entries with descriptions of expenses or revenues and their corresponding debit and credit accounts, such as depreciation expense debited for $1,000 and accumulated depreciation credited for $1,000. Other entries adjust accounts for unearned fees, rent expense, wages payable, interest payable, accounts receivable, insurance, supplies expense, and repair revenue.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
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    Wedona energy consultants

    Preparation of adjusting journal entries


    For the month ended january 31,2011

    No. Particulars Debit


    a. Deprication exp $1,000
    Acc. dep

    b. Unearned consulting fee $6,000


    consulting fee earned

    C. Rent expense $3,750


    Prepaid Rent

    d. wages expense $9,000


    Accrued wages payable

    e. Interest expense $245


    interest payable

    f. Account recieveale $4,750


    consulting fee earned

    g. insurance expense $843


    prepaid insurance

    h. Dep. expense $450


    Acc. Dep

    i. Repaire revenue $2,050


    repaire revenue earned

    j. supplies expense $1,450


    store supplies
    ultants
    entries
    1,2011

    credit

    $1,000

    $6,000

    $3,750

    $9,000

    $245

    $4,750

    $843

    $450

    $2,050

    $1,450

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